Explain the Balance of Payments account of a country with its four subheads. Why is it important to an international business manager?

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter19: Financing International Trade
Section: Chapter Questions
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Explain the Balance of Payments account of a country with its four subheads. Why is it important to an international business manager? 

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